Corporate Resilience

In the current world of business, there are several issues of great importance, but very few people consider one of the most essential, Corporate Resilience.

Are you ready to overcome significant challenges?

Define the term Resilience, according to the Spanish Real Language is, "the capacity of adaptation of a living being in front of a disturbing agent or an adverse state or situation."

What is Corporate Resilience?

With Corporate Resilience, we refer to the ability of a company to recover from adverse situations and thus identify areas of opportunity for growth and business improvement. In other words, a resilient company is one that adds collaborators willing to reinvent themselves in adverse moments, know how to deal with problems as well as establish plans and implement solutions. No company is not saved from some crisis and change, that's when we observe the ability of the organization to adapt and make decisions, at this time we can identify the characteristics of a resilient organization.

Characteristics of Corporate Resilience

For these times of crisis, it is necessary that the company does not act in isolation, because they have to contemplate the competition they can find in their respective markets. From the moment the problem is identified, we must draw solutions that are clear and achievable objectives, planning the possible scenarios entirely to take advantage of stressful situations, being used to diversify and renew.

One issue that is involved with resilience within companies is the implementation and application of the principles of Corporate Governance. First of all to achieve the institutionalization of companies, since, with the help of these, such as legitimacy, better control, independence of the directors, supervision, and transparency, better decisions can be made that are focused on seeking the permanence of the companies, through appropriate changes.

It is essential to promote the culture of resilience in all companies and their employees at any level, although the managers of the companies make difficult and transcendental decisions, all employees are involved in the decision making of their respective fields, which impact on the performance of the company or business.

Only through the implementation of Corporate Resilience, together with all that this entails, we will be able to foster a culture of innovation and entrepreneurship through which we will have better competitiveness in the markets, which will consequently help economic growth as well as the improvement of services.